Summary - MASONS VIEW, 162 APARTMENT 5 WOOD END ROAD BIRMINGHAM B24 8BN
1 bed 1 bath Flat
**Standout Features:**
- **Price:** £95,000
- **Size:** 438 sq ft, 1 bedroom, 1 bathroom
- **Tenure:** Leasehold (106 years remaining)
- **Chain Free** and currently tenanted at £750pcm
- **Location:** Walking distance to Erdington High Street and train station
- **Parking:** Allocated off-street parking
- **Heating:** Electric storage heaters
**Concerns:**
- **Crime Rate:** Very high
- **Broadband Speeds:** Slow
- **Ground Rent:** £980 (considered expensive)
This charming first-floor flat is a perfect opportunity for first-time buyers or savvy investors looking for a rental investment. Nestled in a modern brick apartment building, it boasts an open-plan living space and is finished to a good standard. With allocated parking and communal gardens, the property offers a serene atmosphere just moments away from essential amenities in Erdington, including shops, schools, and transport links. The flat is currently tenanted, generating a healthy rental income of £750pcm, but can be sold with or without a tenant, based on your preference.
Although the property qualifies as cheap on council tax, be mindful of the high crime rate in the area and the relatively expensive ground rent. With just over a century remaining on the lease and low service charges, this flat presents an attractive living option or investment with future renovation potential. Act quickly to secure this sought-after property in a vibrant, up-and-coming neighborhood!
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